2951 Narcoossee Rd St. Cloud, FL 34771
This exceptional 4.84-acre property presents a unique investment opportunity in the rapidly growing Narcoossee Road corridor, situated between Lake Nona and St. Cloud, Florida. Zoned AC Agricultural, this land offers versatile development potential, combining agricultural and residential uses. The lot boasts stunning lakefront access, enhancing its desirability and value. Its strategic location provides immediate proximity to a Publix shopping center currently under construction and future retail development, ensuring high visibility and convenient access to amenities. The property benefits from its close proximity to major attractions, including Lake Nona, Medical City, Orlando International Airport, Walt Disney World, and the City of St. Cloud. This area is experiencing significant growth, fueled by the expansion of Sunbridge, a planned 30-year development project that will bring new road networks and improved connectivity via Cyrils, Jack Brack, and Jones Roads. Osceola County's rapid population growth (44% since 2010) and its strategic location near railroads, a space base, a seaport, and an airport further solidify this property's investment potential. The area's robust tourism sector, generating $87.6 billion in economic impact in 2022, adds to its appeal. The property's address is 2951 N Narcoossee Rd, St. Cloud, FL 34771, with the APN 04-2-5-31-4-260-0001. Price is subject to offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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